MEARS SCOTLAND LLP
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Cash
£10M
+6.1% vs 2024
Net assets
£9.2M
-3.2% vs 2024
Employees
1
-99.6% lowest in 3 filed years
Profit before tax
-£362K
-139.4% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Unclassified median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £63,866,000 | £33,837,000 | £0 | -100% | |
| Operating profit | £4,694,000 | £932,000 | -£358,000 | -138.4% | |
| Profit before tax | £4,671,000 | £918,000 | -£362,000 | -139.4% | |
| Net profit | £4,671,000 | £918,000 | -£362,000 | -139.4% | |
| Cash | £15,977,000 | £9,797,000 | £10,391,000 | +6.1% | |
| Total assets less current liabilities | £8,965,000 | £9,663,000 | £9,241,000 | -4.4% | |
| Net assets | £8,632,000 | £9,550,000 | £9,241,000 | -3.2% | |
| Equity | £8,632,000 | £9,550,000 | £9,241,000 | -3.2% | |
| Average employees | 482 | 285 | 1 | -99.6% | |
| Wages | £17,784,000 | £10,819,000 | £2,000 | -100% | |
| Members' remuneration | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 7.3% | 2.8% | — | |
| Net margin | 7.3% | 2.7% | — | |
| Return on capital employed | 52.4% | 9.6% | -3.9% | |
| Current ratio | 1.89x | 10.40x | 9.01x | |
| Interest cover | — | 66.57x | -89.50x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- MEARS SCOTLAND LLP 2014-04-04 → present
- MORRISON SCOTLAND LLP 2010-11-17 → 2014-04-04
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the LLP's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “The LLP's contract with NLC came to an end during the prior year, which saw the Group's new contract with NLC being undertaken by its sister company, Mears Limited.”
- “Mears Limited also replaced Morrison Facilities Services Limited as a member during the year.”
- “There is a defect liability period for all works under the existing contract, which is continuing into 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MEARS LIMITED | Corporate LLP Designated Member | 2025-09-29 | — | — |
| NORTH LANARKSHIRE COUNCIL | Corporate LLP Designated Member | 2010-12-03 | — | — |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MORRISON ASSET MANAGEMENT LIMITED | Corporate LLP Designated Member | 2010-11-17 | 2010-12-03 |
| MORRISON FACILITIES SERVICES LIMITED | Corporate LLP Designated Member | 2010-11-17 | 2025-09-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mears Limited | Corporate entity | Voting 50–75% (LLP), Surplus assets 50–75% (LLP), Appoints members (LLP) | 2025-09-29 | Active |
| Morrison Facilities Services Limited | Corporate entity | Voting 50–75% (LLP, as firm), Surplus assets 50–75% (LLP, as firm), Appoints members (LLP, as firm) | 2016-04-06 | Ceased 2025-09-29 |
| North Lanarkshire Council | Corporate entity | Voting 25–50% (LLP, as firm), Surplus assets 25–50% (LLP, as firm), Appoints members (LLP, as firm) | 2016-04-06 | Ceased 2016-04-06 |
| North Lanarkshire Council | Legal person | Voting 25–50% (LLP), Surplus assets 25–50% (LLP) | 2016-04-06 | Active |
Filing timeline
Last 20 of 50 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-18 | AA | accounts | Accounts with accounts type full | |
| 2025-10-06 | LLPSC02 | persons-with-significant-control | Notification of a person with significant control limited liability partnership | |
| 2025-10-03 | LLPSC07 | persons-with-significant-control | Cessation of a person with significant control limited liability partnership | |
| 2025-10-03 | LLAP02 | officers | Appoint corporate member limited liability partnership with appointment date | |
| 2025-10-03 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2025-07-23 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-08 | AA | accounts | Accounts with accounts type full | |
| 2024-08-29 | LLPAUD | auditors | Auditors resignation limited liability partnership | |
| 2024-07-26 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-26 | LLCH02 | officers | Change corporate member limited liability partnership with name change date | |
| 2024-07-26 | LLPSC07 | persons-with-significant-control | Cessation of a person with significant control limited liability partnership | |
| 2024-07-26 | LLPSC03 | persons-with-significant-control | Notification of a person with significant control limited liability partnership | |
| 2024-07-22 | LLCH02 | officers | Change corporate member limited liability partnership with name change date | |
| 2024-07-15 | AA | accounts | Accounts with accounts type full | |
| 2023-10-11 | AA | accounts | Accounts with accounts type full | |
| 2023-07-24 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-29 | AA | accounts | Accounts with accounts type full | |
| 2022-08-09 | LLAD01 | address | Change registered office address limited liability partnership with date old address new address | |
| 2022-07-25 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-07 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.